Vietnam’s rubber export to US sees sharp surge

Vietnam exported 23,510 tons of rubber worth US$41.87 million to the US in the first 7 months of 2021, up 61 percent in volume and 92.3 percent in value year-on-year.
Vietnam’s rubber export to US sees sharp surge ảnh 1 A worker is harvesting rubber 
According to the Ministry of Industry and Trade’s Export -Import Department, Vietnam became the 11th largest rubber supplier of the US in the period, accounting for 2.2 percent of the US’s total imported rubber, up slightly from 1.5 percent in the same period last year.
Notably, Vietnam is the fourth largest supplier of natural rubber to the US with 23,460 tonnes worth $41.65 million, up 60.8 percent in volume and 92.9 percent in value over the same period of 2020.
According to statistics of the United States International Trade Commission, the US imported 1.09 million tons of rubber with a total value of $2.19 billion in the period, a year-on-year increase of 12 percent in volume and 27.6 percent in value. Indonesia, Thailand, Canada, the Republic of Korea and Ivory Coast were the largest suppliers of the product to the US.

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